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Search Results 0 to 16 of about 17 (some duplicates have been removed)
, december 31st, and this is "now." chief economic correspondent for politico, ben white. jen bendry of the huffington post. partisan ranker and frustration all around, we've arrived at the fiscal cliff. the senate, which was expected to hold an up and down vote on a final bare bones budget deal last night wasn't quite able to make it happen. harry reid gave us problem or lack thereof. >> there are two sides still apart, and negotiations are continuing as i speak. there's still more before we can bring ledges laying to the floor. what else is new? can anyone save this congress from itself? turns out the new man responsible is vice president joe biden. yep. that's right. joe biden is the latest person to be called on to try to get congress out of the straight jacket they've put themselves in. the vp and senate minority leader mitch mcconnell exchanged phone calls until midnight last night and again this morning, and appeared to be zeroing in on a tax rate compromise in the region of a $450,000 to $550,000 threshold. a higher rate than the president's earlier compromise as well as an a
it through the day. why don't we bring in our cast of thousands here. ben willis, jason milly, brad fredelander, and of course rick santel santelli. ben let me get to you first of all. what do you feel this means beyond just the market moves today, the emerging deal what does it mean for the markets once we crack into the new year? >> we knew they could do it, it just took a long embarrassing cost of our reputation in the world to get it done. with that being said, i think you mentioned the capping on the tax deductions. you want to keep an eye on the high end housing and the high end buildings. if that does come to fruition. but the whole tape is moving. apple in and of itself is moving the nasdaq today. that may be a function of the idea of the continuation of the tax benefits for writeoff in the business sector. people investing, businesses investing in technology to grow their business. so that would be the area that i think you're seeing the greatest impact. but the whole market is moving. the building stones of an economy, the basic material groups and the consumer spending is
was not a cliff. the term fiscal cliff was coined by ben bernanke. ben bernanke did not want us or did not want the country to get into the situation of higher taxes -- in large part, i think that would have made his job even harder because the higher taxes would have flowed -- slowed down the economy and there would have been even more pressure on the fed to engage in monetary easing, quantitative easing as it is called. the fed really cannot do all of that much more than it is doing. interest rates are at historic lows. bernanke did not want tax increases, so he was trying to control or affect what was going to be happening on the fiscal side. it was really more of a ramped than a cliff in the sense that the sequester cuts -- we will talk format that i'm sure -- but the automatic cuts that were put in place with the debt ceiling deal of the summer actually would come into play well into the year and some near the end of the year. there was or there is quite a bit of time on that. the tax rate increases, i think very few people actually felt there would be a major income tax increases on 98% o
up the economy by printing more money. a lot of people criticize ben bernanke for that. it could sew the seeds of inflation where down the road the stuff will be way too expensive. it was the only game in town. if you believe bernanke, if he didn't do that, we may have gone into a double dip recession or something worse. >> let's talk about the fact that so many people who are heads of companies, corporations , manufacturing, service, doesn't matter what sector of the economy, there is such uncertainty looking into the new year. i want you to talk about the likelihood that businesses in this country are going to expand in this economic climate. >> i don't think they will. i worry about small businesses over the multi national companies. small business are stuck here. ge can diversify by opening a plant in china. it is easy to get productivity by going overseas. small business if you talk to anybody we don't know what will happen. we do know the president wants to raise our taxes. here is where the debate is absurd. the president says let's make it $250,000. it is fairness. people at
' lady ] live the regular life. phillips'. >>> from nra dodge ball to ben affleck here's the top lines. >> merry christmas everybody. >> remember the five ds of dodge ball. >> could cow conceive guns could be part of the problem? >> what kind of gun is this? >> is that a dodge? >> dodge, duck, dip, dive, and die. >> a lot of people were frankly shocked by your presentation. >> what you just said is one of the most insanely idiotic things i've heard. >> you have to conceive it may not work. >> if it's crazy to call for putting police and armed security in our school to protect our children, then call me crazy. >> you're crazy, man. you're crazy. so here's a magazine for ammunition that carried 30 bullets. >> i know what you're thinking. did he fire six shots or only five? >> you want one more law on top of 20,000 laws when most of the federal gun laws are. >> enough. >> enough. >> demand a plan. >> right now. >> i need your help. i do. i have a great fondness and admiration for the political process. >> you can never ask me about what it is and we're going to hurt people. >> i'm happy b
. we spoke with ben nelson. that is followed by a jerry lewis -- by jerry lewis. senator ben nelson is retiring fr the senate aft 12 yea he spoke to us about why he thinks compromise in the senate is not a four-letter word. this is 40 minutes. >> thank you for spending a half-hour with us to talk about your 12 years in washington. it ended with the reelection of barack obama. if you could think of adjectives, what would they be to describe these seven years? >> interesting. challenging. sometimes totally frustrating. full of opportunities for the country. there were good times during these 12 years, laced together with some that were not so good. 9/11. the anthrax scare. there were also positive things. the election of barack obama i thought was a very positive statement for the country and moving forward in a way out of a fiscal of this. abyss.thi i could not have imagined a better time to have been here with all of the things that have happened. >> let me ask you to look back over those 12 years and ask what the high point was. >> when we could work together. maybe the single even
and all of the other people -- and ben reeseberg and all the other people. [applause] you have been wondering what i have been doing and i have been wondering what you have been doing. [laughter] >> those who were disappointed by this outcome, the democrats elated by this outcome -- given the conventional wisdom around this campaign, the president's approval ratings that were barely above 50%, often dipping below it, the unemployment around 8%, gdp growth stock of around 2% -- the conventional wisdom was that should -- that this president should not be reelected. as you take a look at what happened two weeks ago, how do you assess this? >> let me just say first that i made a very good living and politics betting against conventional wisdom. it is a general principle of mine that the conventional wisdom is almost always wrong and it was wrong here. it was wrong here because what we often do in political circles and journalism is that we look at what happened in the last election or past elections and we think it is prescriptive for what it will happen -- for what will happen in the f
with nebraska senator ben nelson who is retiring after two terms. >>> retiring senator nebraska ben tell me sop. years that began with the 2003 recount and reended with re-election of president obama. if you could think of the adjective to describe these years what would it be? >> clearly interesting. challenging. sometimes totally frustrating. but also full of opportunities for the country. there was some good times during the twelve years laced together with some that weren't so good. 9/11, the anthrax scare. there were positive things as well, the election of president obama, i thought it was a positive statement for the country and moving forward in a way that we have tried to move forward out of face -- fiscal as by now we came out of a fiscal as by during the times. it's a hodgepodge during at love different things. i couldn't imagined to have been here during a better time. >> let me get deeper and ask you tell me what was the high point of the entire service? >> the high point was when we can work together. and maybe the single event that process that would embody that was the gang of f
ben in london. six minutes away right now from the new year in london. you're looking at live pictures over there. we'll show you some of the excitement at the top of the hour. we're still more than five hours away from new year's eve here on the eastern time zone of the united states. looking at live pictures from times square right now. the party is already getting started, as it always done a little earlier. in key west florida, that's where john zarrella is standing by. walk us through what is happening tonight in key west, john. >> reporter: sure, wolf. they have been partying all day in key west. we're on duval street, home of the famous bourbon street pub and the red stiletto. that's where sushi the drag queen will be coming down in the shoe at midnight. we're staped down here, been down here for ten years and the crowd is gathering. folks who wanted to be in "the situation room," right? >> right. >> where are you from? >> indiana. >> indiana? >> where the snow is deep. >> it's colder there than here? >> quite a bit. >> where are you from? >> jacksonville, illinois. >> chilly up
is #fiscalcliff. ben says "still hard for me to believe that the house will force the nation ought the fiscal cliff into recession, which is what amending this bill would do." "i just finished reading the senate bill. this is not a bad deal, it is however only one step, many to go." "the fiscal cliff deal is an increase in taxes to support wasteful government spending. nothing to celebrate over." "we are getting a raw deal. more taxes. no cuts. not the way to balance a budget." >> we're going to take a call from daenny. caller: good afternoon. i want to say that it is a shame washington cannot get its act together and do its job on this fiscal cliff. i seriously believe that if they do not get a dozen in this congress that the 113th congress will get it done. host: the hundred 13 congress comes in on thursday. we will be live from capitol hill with that. in the meantime we have at least today and tomorrow of the 112th congress. michelle is in palm bay, a republican. caller: i wish responding to the comments earlier when the guest baker was on about well for -- welfare reform. i see way too ma
of the wall street journal. >> we will break away. live now to the capital. that is senator ben nelson from nebraska, retiring, make your marks on c-span. -- making remarks on c-span. thank you. we thought we would catch a moment of his comments, which were brief. we're standing by four senators coming back from their party caucuses. caller: the other thing is harry reid has not voted on over 40 bills the republicans have put up there, and he blames republicans. , isopod you were supposed to bring bills up there and talk about them and vote on then. they have not pass a budget in over four years. they are not being responsible for that. guest: that is what makes him such a powerful figure. they said we sent you the legislation that would help the deficit cannot help create more jobs, and democrats in the senate have not acted. democrats say those are partisan bills with no bipartisan support. that is why the leader -- senate leader reid is going to be at the white house today because his signing off on anything is vital. guest: one of the things we sell was financial markets to end it out m
releasing solo albums produced by ben folds two is wonderful himself. she is best known as a social media queen rock-and-roll. she is engaged with her fans through social media and is known for finding her next album via kickstarter, a pay-what- you-like for my music model. welcome amanda. [applause] >> highlight to begin by agreeing that predictions are bullshit and social media is also bullshit. that being said, it helps me a lot. not so much the prediction that i would make, but everything that has happened to me in the last few months, the kickstarter i did that raised over $1 million, it brought a discussion of about my use of twitter and connecting i have done with my audience and my fans. the conversation that i hear happening every year between artists and musicians is that people are beginning to measure the cost of connections. and by that, i mean you have people engaging on your behalf as the artist and engaging constantly with fans. the pros and cons are starting to shake out. the past few months, these sorts of people coming to me are my uncle that is a very successful person
Search Results 0 to 16 of about 17 (some duplicates have been removed)